In addition to creating a powerful and solvent tool that would help globally the supply chain of dangerous goods, at AITEC we wanted to analyze previously how the implementation of GADGETS could affect from the economic aspect.
For this, we developed a study to calculate the NET PRESENT VALUE (NPV) result of the implementation of our software, that is, being able to calculate in advance the net profits that will suppose to the company to implant GADGETS
In this pilot studio the incomes for the calculation of NPV in companies came from:
For to be real these results, the mathematical formulation of the scientific paper has been applied on 6 companies affected by the regulations of dangerous goods, covering all types of companies affected: shippers, loaders, unloaders and carriers; goods in packages and tanks; national and international expeditions…
The REAL final result of NET PRESENT VALUE (calculated at 5 years sight and with a discount rate of 0.10%) of the 6 companies is the following:
- –
- VAN anual
- VAN total
- Ingresos
- Costes
- I/C
- Company 1
- 7649,52
- 38247,61
- 65517,19
- 28092,29
- 2,33
- Company 2
- 4138,86
- 20694.29
- 29896,22
- 9550,01
- 3,13
- Company 3
- 2445,56
- 12227,82
- 21980,66
- 10148,41
- 2,17
- Company 4
- -145,96
- -729,8
- 9265,2
- 10854
- 0,85
- Company 5
- 19525,84
- 97629.18
- 103852
- 15804
- 6,57
- Company 6
- 7935.46
- 6822,69
- 14780,35
- 7106,32
- 2,08
As you can see in the data, all companies have had a positive NET PRESENT VALUE.
MEDIUM NET PRESENT VALUE = 29445.96 €
MEDIUM NET PRESENT VALUE PER YEAR = 5889,192 €
So, in our study, the average annual savings caused by the implementation of GADGETS (taking into account the associated costs) are 5889.19 €.
Who would not want to improve their management of dangerous goods and also save almost 6000 € per year?